NASDAQ:NXST

173.01
2.60 (1.53%) 1d
0
Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Nexstar Media Group (NXST-Q) is expected to benefit from the close US election, with potential ad revenue from both candidates due to its ownership of stations in battleground states. The stock has seen significant growth over the last decade, but experts caution that revenues may decline post-election. There is uncertainty about the industry NXST operates in, but confidence in IBM's performance. Overall, the company's stock is likely to be influenced by the election and its aftermath, with potential for short-term gains but long-term uncertainties.

Consensus
Mixed
Valuation
Fair Value
TRADE

They will benefit from a close US election, which looks likely. NXST will receive its shares of ad dollars from both candidates, because it owns a lot of stations in the battleground states. Though up nearly 300% in the last decade, this is a trade. Revenues will likely fall after the election.

communications / media
DON'T BUY
IBM or NXST?

He's uncertain about the industry that NXST is in, but confident about IBM who delivered an excellent quarter.

communications / media
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Nexstar Media Group(NXST-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Nexstar Media Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Nexstar Media Group(NXST-Q) Frequently Asked Questions

What is Nexstar Media Group stock symbol?

Nexstar Media Group is a American stock, trading under the symbol NXST-Q on the NASDAQ (NXST). It is usually referred to as NASDAQ:NXST or NXST-Q

Is Nexstar Media Group a buy or a sell?

In the last year, 1 stock analyst published opinions about NXST-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nexstar Media Group.

Is Nexstar Media Group a good investment or a top pick?

Nexstar Media Group was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Nexstar Media Group.

Why is Nexstar Media Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Nexstar Media Group worth watching?

In the last year, there was no coverage of Nexstar Media Group published on Stockchase.

What is Nexstar Media Group stock price?

On 2024-12-04, Nexstar Media Group (NXST-Q) stock closed at a price of $173.01.